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5 Bidders Besides Apple Who Have Their Eyes And Wallets On Toshiba's Chip Business

Toshiba's chip business is the hottest thing on the market right now, with companies like Apple and Foxconn willing to dish out billions of dollars for it. These bidders have their eyes on the sale.

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Foxconn

Taiwanese Apple partner Foxconn has signaled that it could bid up to $27 billion for Toshiba's chip business, according to reports.

This preliminary bid is higher than analysts' $18 billion valuation for the business, according to the Wall Street Journal. The electronics company doesn't own a major flash memory maker – so it could avoid the antitrust hurdles that other bidders may face.

If Foxconn is the successful bidder, the company's manufacturing customer, Apple, could potentially move forward in bringing NAND flash needs in-house.

 
 
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